- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0012852

About Cannon Devices Pvt Ltd
Data last updated:
Cannon Devices Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 14 August 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U32109WB1985PTC039345. Its GSTIN is 19AABCC0107E1ZC (West Bengal). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.95 Lakh. It is led by directors including Jesal Mehta and Dipak Mehta.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F.M.C.Fortuna 2B 4th Floor 234/3A A.J.C.Bose Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹136.41 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹7.46 Cr (net margin 5.5%) and EBITDA of ₹12.53 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹40.83 Cr and satisfied charges of ₹20 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6 Lakh; the latest was in January 2020.
Cannon Devices Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0012852). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cannondevices.com.
Company details
CIN history
Cannon Devices has one previous CIN (Corporate Identification Number): U99999WB1985PTC039345. The current CIN is U32109WB1985PTC039345, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32109WB1985PTC039345 | Current |
| U99999WB1985PTC039345 | Previous |
Recognitions & Rankings of Cannon Devices
Contact details
Cannon Devices Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is cannondevices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF.M.C.Fortuna 2B 4th Floor 234/3A A.J.C.Bose Road, Kolkata, West Bengal, India – 700020
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Cannon Devices Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Cannon Devices is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Cannon Devices Pvt Ltd, buy the company report.
Financials of Cannon Devices Pvt Ltd
FY 2024 filings availableCannon Devices Pvt Ltd reported revenue of ₹136.41 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 14% growth in the latest year. EBITDA rose 26% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.53 Cr | ||||
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| Net Profit (PAT) | ₹7.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Cannon Devices Pvt Ltd, buy the company report.
Board of directors of Cannon Devices Pvt Ltd
Cannon Devices has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jesal Mehta | Director | 04 Apr 2018 | 8 Years 6 Months | Current |
| Dipak Mehta | Director | 14 Aug 1985 | 41 Years 2 Months | Current |
| Jatin Mehta Also directs: Fortuna Services Ltd | Director | 14 Aug 1985 | 41 Years 2 Months | Current |
| Munjal Mehta Also directs: Sadabahar Commodities Private Limited | Director | 21 Jan 2013 | 13 Years 9 Months | Current |
Auditor
Cannon Devices Pvt Ltd is audited by ASPA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASPA & CO | FY 2023 | 301159E |
Shareholding
The shareholding of Cannon Devices Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cannon Devices Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2022 | 100568227 | Others | ₹49.16 Lakh | Open | |
| 25 Oct 2021 | 100499075 | Others | ₹35 Cr | Open | |
| 24 Oct 2019 | 100301544 | Others | ₹1 Cr | Open | |
| 29 Aug 2014 | 10520323 | Corporation Bank | ₹7.53 Lakh | Open | |
| 28 Nov 2008 | 10134461 | Corporation Bank | ₹6.5 Lakh | Open |
To see the full charge records of Cannon Devices Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Cannon Devices Pvt Ltd has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6 Lakh; the latest was in January 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Funding round | ₹6 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cannon Devices Pvt Ltd has 3 court cases on record: 3 filed by Cannon Devices. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Sanjiban Hospital and 4 others | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
To see the full case history of Cannon Devices Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cannon Devices Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cannon Devices has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCC0107E1ZC | West Bengal | Active | 01 Jul 2017 |
| 18AABCC0107E1ZE | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cannon Devices Pvt Ltd, buy the company report.
Recent activity
Cannon Devices Pvt Ltd has 5 board changes on record since 1985: 4 appointments and 1 cessation. The latest: Jesal Mehta was appointed as Director on 04 Apr 2018.
6 earlier events are in the company report.
Frequently asked questions
Cannon Devices is an active private limited company based in Kolkata, West Bengal, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 14 August 1985 (41+ years old) and is registered under CIN U32109WB1985PTC039345.
Cannon Devices has 4 current directors:
- Jesal Mehta - Director
- Dipak Mehta - Director
- Jatin Mehta - Director
- Munjal Mehta - Director
The latest financial statements of Cannon Devices on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cannon Devices is 19AABCC0107E1ZC, registered in West Bengal. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 18AABCC0107E1ZE (Assam).
The CIN (Corporate Identification Number) of Cannon Devices is U32109WB1985PTC039345. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cannon Devices has 3 court cases on record: 3 filed by the company. 2 are pending. Most are in the district courts.
Cannon Devices was incorporated on 14 August 1985, making it 41+ years old. It is registered with the Registrar of Companies, Kolkata.
Cannon Devices has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6 Lakh; the latest was in January 2020.
Jesal Mehta was appointed as Director on 04 Apr 2018. Manubhai Bhaichand Mehta ceased to be Director on 04 Apr 2018. Munjal Mehta was appointed as Director on 21 Jan 2013. Cannon Devices has 5 board changes on record in total.
Yes, Cannon Devices is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0012852).